vimarsana.com

அமைச்சகம் க்கு பெருநிறுவன வாழ்க்கைத்தொழில்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Auditing the auditors: A case of too many cooks? - The Hindu BusinessLine

Auditing the auditors: A case of too many cooks? - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

India Eases Norms, Allows NRIs to Incorporate One Person Companies

INDIA New England News New Delhi–The Ministry for Corporate Affairs (MCA) has amended the rules to allow One Person Companies (OPC) to grow without any restrictions on paid up capital and turnover. An official statement said that the amendment would allow their conversion into any other type of company at any time, reduce the residency limit for an Indian citizen to set up an OPC from 182 days to 120 days and also allow Non-Resident Indians (NRIs) to incorporate OPCs in India. According to the government, the move will directly benefit startups and innovators in the country, especially those who are supplying products and services on e-commerce platforms, and will bring in more unincorporated businesses into the organised corporate sector.

MCA eases norms for One Person Companies, lets NRIs in

MCA eases norms for One Person Companies, lets NRIs in ​ By IANS | Published on ​ Wed, Feb 3 2021 22:06 IST | ​ 0 Views   New Delhi, Feb 3 : The Ministry for Corporate Affairs (MCA) has amended the rules to allow One Person Companies (OPC) to grow without any restrictions on paid up capital and turnover. An official statement said that the amendment would allow their conversion into any other type of company at any time, reduce the residency limit for an Indian citizen to set up an OPC from 182 days to 120 days and also allow Non-Resident Indians (NRIs) to incorporate OPCs in India. According to the government, the move will directly benefit startups and innovators in the country, especially those who are supplying products and services on e-commerce platforms, and will bring in more unincorporated businesses into the organised corporate sector.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.